UK-based utility and IPP Octopus Energy has entered the energy storage market in Italy, forming a joint venture (JV) with developer Nexta Capital to deploy up to 1.5GW of BESS.

Octopus Investments Australia has bought one of the biggest BESS projects in development in the country, from developer Firm Power.

UK-based utility Octopus Energy will optimise UK battery storage projects for UAE-based Masdar, which has committed to investing £1 billion (US$1.25 million) in the country’s grid-scale market.

​Arsenal football club’s Emirates Stadium has become home to what could be the first behind the meter battery of its size aimed at wholesale energy trading over frequency response.